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Cake business
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Hostess Snack Cakes Are Set to Return to The Shelves Across The US
Jul 17, 2013Hostess snack cakes are set to return to the shelves across the US, with 50 million Twinkies and 35 million CupCakes with Signature Squiggle expected to be rolled out in next two weeks. The new products that will hit the shelves include ...
Tags: snack cakes, Hostess
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Hostess Brands Attained US Bankruptcy Court Approval to Sell Its Drake's Snack Cake Brand
Apr 10, 2013Hostess Brands, a US-based bankrupt producer of bakery products, has attained US Bankruptcy Court approval to sell its Drake's snack cake brand as well as four of its northwest regional bread brands in separate transactions that are ...
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Mckee Foods Has Been Selected as The Leading Stalking Horse Bidder
Mar 15, 2013US snack food manufacturer McKee Foods has been selected as the leading stalking horse bidder to acquire Hostess Brands' Drake's snack cake business for $27.5m. Hostess Brands stated that the deal will be presented to the US Bankruptcy ...
Tags: Mckee Foods, Drake's Snack Cake, Food
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Finsbury Food Group Sold Its Business to Genius Foods for Pound 21M
Mar 1, 2013Finsbury Food Group has sold its free-from business to Genius Foods for Pound 21M to focus on its core bread and cake business and reduce debt. Genius Foods has a 50% share of the UK gluten-free bread market The free-from business ...
Tags: Finsbury Food Group, Genius Foods, UK
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Finsbury Food Group Has Reported Relatively Flat Sales for The Half Year to December 29
Feb 10, 2013Cake maker Finsbury Food Group has reported relatively flat sales for the half year to December 29, up marginally to 103.3M compared with 102M for the same period of the previous year and in-line with management expectations. Finsbury's ...
Tags: Cake maker, Cake business, bread
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A Consortium of Two Private-Equity Firms Has Emerged as The Lead Bidder
Feb 1, 2013A consortium of two private-equity firms has emerged as the lead bidder for the majority of Hostess Brands' cake business, including the Twinkies brand. Apollo Global Management and Metropoulos submitted a US$410m offer for the Hostess ...
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Hostess Brands Has Selected Affiliates of Apollo Global Management and Metropoulos
Feb 1, 2013Hostess Brands, the bankrupt producer of bakery products in US, has selected affiliates of Apollo Global Management and Metropoulos as stalking horse bidders for majority of its snack cake business, including Twinkies brand. Apollo Global ...
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Hostess Names McKee Foods and United States Bakery as The Stalking Horse Bidders
Jan 30, 2013Hostess Brands has named McKee Foods and United States Bakery as the stalking horse bidders for its Drake's cake business and various bread brands. In a statement released late yesterday (28 January), Hostess said that McKee Foods has ...
Tags: Hostess Brands, McKee Foods, Horse Bidders
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Dragons' Den Helped Yorkshire Cake Entrepreneur Secure Backing She to Build Cake Factories
Dec 31, 2012Appearing on BBC TV’s Dragons’ Den helped Yorkshire cake entrepreneur Allison Whitmarsh secure the backing she needs to build cake factories across the UK. Deborah Meaden invested £50,000 in ProperMaid cakes On the ...
Tags: Dragons'Den, Cakes, Food
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A Yorkshire Baker Is Appearing on BBC TV's Dragons' Den on December 23
Dec 31, 2012A Yorkshire baker is appearing on BBC TV’s Dragons’ Den on December 23 in a bid to secure the backing she needs to make her premium cakes a national brand. Whitmarsh is targeting the coffee shops of Selfridges and John ...
Tags: Yorkshire baker, BBC, Dragons'Den, premium cakes
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Finsbury Has Sold Shares in The Company to Raise Funds to Invest in Its Cake Business
Nov 14, 2012Finsbury Food Group,the UK baker,has sold shares in the company to raise funds to invest in its cake business. The company,which makes own-label cakes,as well as branded products under licence,said today(14 November)it had raised GBP3.9m ...
Tags: shares, cake business, automation, efficiency
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